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Sui Ecosystem Leading DEX Turbos Finance Unaffected by Cetus Security Incident, Codebase Remains Secure, Project Operating Normally

5 hours ago

On May 25th, Sui's flagship ecosystem project Turbos Finance released an incident analysis report regarding the Cetus exploit, indicating that the platform resumed normal operation immediately after the Cetus exploit: "At 11:34 AM UTC on May 22, 2025, Cetus announced a vulnerability in its protocol with a value of $2.23 billion. As an ecosystem protocol of the Sui mainnet, Turbos DEX is built on an independent, secure, and resilient codebase that is different from the forked code of any other platform (including Cetus). Nevertheless, our team promptly initiated a comprehensive internal security review. We found that the checked_shlw function related to the Cetus exploit existed in our codebase but was never called or utilized. After searching our CLMM repository, we confirmed that checked_shlw appeared only once in its definition and had no instances of being called, ensuring that there are no vulnerabilities in Turbos' operation. By 12:30 PM UTC, within less than an hour after Cetus's announcement, Turbos had engaged the Mysten security team as well as several leading external security firms such as OtterSec, MoveBit, and CertiK to independently audit our codebase. All experts confirmed that the vulnerability related to the Cetus exploit would not affect Turbos, providing strong evidence of the integrity of our platform. By 1:00 PM UTC, several major Sui DEXs had paused their services. However, due to the platform's stringent security measures, Turbos was able to support uninterrupted on-chain transactions on the Sui network during this challenging period."
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